Average Bookkeeping, Accounting, and Auditing Clerks Salary in Albuquerque, NM
In Albuquerque, NM, Bookkeeping, Accounting, and Auditing Clerks earn an average annual salary of $48,900. This figure is slightly below the national average of $51,940, reflecting a localized compensation structure influenced by regional economic factors and the specific demand within the Albuquerque metropolitan area. The cost of living in Albuquerque aligns precisely with the national average, suggesting that this salary offers a comparable purchasing power to the national median.
Executive Summary
- Average Salary: $48,900 per year.
- Growth Trend: Salaries have shifted 17.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $65,750.
- Outlook: The job market for Bookkeeping, Accounting, and Auditing Clerks in Albuquerque, NM, is stable, with a total local workforce of 3,770 professionals. The Location Quotient of 1.0 indicates that the concentration of these roles in Albuquerque is on par with the national average, suggesting a consistent and steady demand for these essential financial support services within the local economy. The presence of nearly 9.5 jobs per 1,000 workers further underscores the ongoing need for skilled clerks in the region.
Salary Overview
The average Bookkeeping, Accounting, and Auditing Clerks in Albuquerque, NM earns-5.9%below the national average.
$23.5
$940
$4,075
Bookkeeping, Accounting, and Auditing Clerks Salary Trends (2020-2024)
While specific historical data for Albuquerque is not provided, it is generally observed across the United States that salaries for Bookkeeping, Accounting, and Auditing Clerks have experienced steady growth over the past four years. This trend is typically driven by inflation, increasing demand for financial services, and the evolving complexity of accounting software and regulations, which necessitates continuous professional development and often leads to salary adjustments.
Bookkeeping, Accounting, and Auditing Clerks Salary Distribution in Albuquerque, NM
Career progression for Bookkeeping, Accounting, and Auditing Clerks in Albuquerque, NM, is typically marked by increasing salary levels. Entry-level positions often start at the lower end of the pay scale, while experienced professionals with specialized skills or those in senior roles can command significantly higher salaries. The percentile gaps in earnings, from the 25th to the 75th percentile and beyond, clearly signify the substantial career growth and earning potential available as clerks gain experience and take on more responsibility.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $33,330 | $16 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $36,675 | $17.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $47,740 | $23 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $61,125 | $29.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $65,750 | $31.6 |
Detailed Bookkeeping, Accounting, and Auditing Clerks Market Analysis
Relocation Context
Nominal Salary
$48,900
Gross Pay
Real Wage (Purchasing Power)
$48,900
Adjusted for COL (100)
The average annual salary of $48,900 for Bookkeeping, Accounting, and Auditing Clerks in Albuquerque, NM, is positioned directly against a Cost of Living Index of 100, which is the national average. This alignment means that the nominal salary holds its purchasing power effectively within the local market, offering a standard of living comparable to the national median for individuals in this profession. Therefore, relocating to Albuquerque for this role does not present an immediate advantage or disadvantage in terms of cost of living versus income.
Job Market Context
3,770
Total Jobs
9.406
Per 1K Jobs
1
Location Quotient
With a location quotient of 1.00, Albuquerque, NM has a slightly higher-than-average concentration of Bookkeeping, Accounting, and Auditing Clerks roles compared to the national norm.
With a Location Quotient of 1.0, the market for Bookkeeping, Accounting, and Auditing Clerks in Albuquerque, NM, is neither exceptionally concentrated nor notably sparse compared to the national landscape. This suggests a balanced job market where demand and supply are relatively consistent with national averages. Professionals can expect a competitive yet accessible environment, with opportunities available without the extreme pressures often found in highly specialized or undersupplied markets.
Nearby Job Markets
Nearby Cities for Bookkeeping, Accounting, and Auditing Clerks
| City | Salary | Dist. |
|---|---|---|
| Eastern New Mexico nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary | $48,100↓ 2% | 29 mi |
| Northern New Mexico nonmetropolitan area Bookkeeping, Accounting, and Auditing Clerks Salary | $47,840↓ 2% | 29 mi |
| Santa Fe, NM Bookkeeping, Accounting, and Auditing Clerks Salary | $52,530↑ 7% | 54 mi |
Comparing salaries near Albuquerque, NM
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Frequently Asked Questions
How much does a Bookkeeping, Accounting, and Auditing Clerks make in Albuquerque, NM?
The median annual salary for a Bookkeeping, Accounting, and Auditing Clerks in Albuquerque, NM is $48,900. This typically ranges from $33,330 for entry-level positions to $65,750 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Albuquerque, NM is 5.9% lower than the national median of $51,940.
Is Albuquerque, NM a lucrative place for Bookkeeping, Accounting, and Auditing Clerks?
No, not significantly more lucrative than the national average.The average salary of $48,900 is slightly below the national average, and the cost of living is exactly at the national average. This indicates a comparable, rather than enhanced, earning potential.
Is Albuquerque, NM a good place to live for Bookkeeping, Accounting, and Auditing Clerks?
The Cost of Living Index in Albuquerque, NM is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Albuquerque, NM?
Some top paying nearby cities include Eastern New Mexico nonmetropolitan area ($48,100) and Northern New Mexico nonmetropolitan area.
How does the Albuquerque salary compare to the national average?
The average annual salary for Bookkeeping, Accounting, and Auditing Clerks in Albuquerque, NM, is $48,900, which is slightly lower than the national average of $51,940.
What is the cost of living in Albuquerque, NM for these clerks?
Albuquerque's Cost of Living Index is 100, which is precisely the national average, meaning the cost of goods and services is neither higher nor lower than the typical U.S. city.
Is there high demand for Bookkeeping, Accounting, and Auditing Clerks in Albuquerque?
The demand is consistent with the national average, as indicated by a Location Quotient of 1.0 and approximately 9.4 jobs per 1,000 workers, suggesting a stable job market.
What is the total number of Bookkeeping, Accounting, and Auditing Clerks in Albuquerque?
There are approximately 3,770 Bookkeeping, Accounting, and Auditing Clerks employed in the Albuquerque, NM area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 3,770 employees in the Albuquerque, NM area with a job density of 9.406 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Bookkeeping, Accounting, and Auditing Clerks • Data source: BLS OEWS 2024 •Jobs in Albuquerque, NM